2. The unadjusted trial balance for Jackson Company at December 31, 2021 is shown below Jackson Company Adjusted Trial Balance December 31, 2021 Credit Debit $9.400 25,000 36,000 900 75,000 $ 22,000 60,000 Cash Accounts Receivable Merchandise Inventory Office Supplies Store Equipment Accumulated Depreciation Store Equipment Office Equipment Accumulated Depreciation Office Equipment Notes Payable Accounts Payable Jackson Capital Jackson, Withdrawals Sales Sales Discounts Sales Returns and Allowances Cost of Goods Sold Sales Salaries Expense Depreciation Expense-Store Equipment Depreciation Expense-Office Equipment Office Supplies Expense Interest Expense Totals 15,000 10,000 42,000 110,700 48,000 325,000 I 6,000 16,500 195,000 32,500 11,000 7.500 1,300 600 S524,700 $524,700 Required: (a) Prepare a multiple-step income statement for the year ending December 31, 2021 (c) Prepare journal entries to record the closing entries. (d) Compute the current ratio, acid-test ratio, and the gross margin ratio as of December 31, 2021 Round all ratios to two decimal points